Business/Financial
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Business/FinancialNorthrop Grumman Lays Off 380 Salaried Employees At Newport News
Northrop Grumman [NOC] on Friday said it has laid off 380 salaried employees at its shipyard in Newport News, Va., due to the completion of major milestones on existing contracts, […]
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Business/Financial
U.K.’s AEA Group Acquires U.S. Environmental Consulting Firm ERG
Britain’s AEA Technology Group plc this week said it has acquired Eastern Research Group (ERG), an environmental and health and safety consulting firm that is expanding its presence in the […]
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Business/Financial
Tea Party Impact On Defense-Spending Debate Unclear
By Emelie Rutherford Observers trying to gauge how newly elected Tea Party candidates will impact the debate over defense spending said they expect such lawmakers to generally support a strong […]
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Business/Financial
Raytheon Acquires Another Cyber Security Firm
Raytheon [RTN] yesterday said it has acquired Trusted Computer Solutions (TCS), a firm specializing in cross domain, operating system and network security solutions, adding to capabilities in cyber security. Raytheon […]
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Business/Financial
Tax Benefit Boosts ATK’s Earnings; Initiates First Quarterly Dividend
By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported higher second quarter net income as a result of a favorable tax settlement, as sales and operating profits were flat. Based on […]
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Business/Financial
KEYW To Acquire Small Cyber Solutions Firm Serving Intel Community
Bolstering its platform in the cyber security space, KEYW Corp. [KEYW] on Tuesday said it has agreed to acquire Sycamore US, a small firm offering cyber security solutions to the […]
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Air ForceGOP-Controlled House To Call For Robust Military, Resist Cuts
By Emelie Rutherford Republicans controlling the House next year are expected to place a greater emphasis on missile defense and countering China’s arms buildup while increasing oversight of the Pentagon […]
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Business/Financial
Skelton, Top HASC Dems Lose As GOP Takes Over House
By Emelie Rutherford House Armed Services Committee (HASC) Chairman Ike Skelton (D-Mo.), Vice Chairman John Spratt (D-S.C.), and Seapower subcommittee Chairman Gene Taylor (D-Miss.) all lost their reelection bids last night […]
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Business/Financial
CBP Expanding Use of Border Checkpoint Technologies With New Unisys Contract
By Calvin Biesecker Customs and Border Protection (CBP) has awarded Unisys (UIS) a potential $350 million contract over five years to expand the use of technology the company initially installed […]
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Business/Financial
CACI Completes Acquisitions of Firms Serving Intel Space
CACI International [CAI] yesterday said it has completed its acquisitions of two companies serving the intelligence community with geospatial and technical services, TechniGraphics, Inc., and Applied Systems Research, Inc. Combined, […]